Promotion of Renewable Energy in Armenia

Country: Armenia

Project period: 05/2003 - 12/2003

Client: KfW Entwicklungsbank

Investment amount: EUR 1.9 Million


Inventory and assessment of all SHP plants in Armenia. Selection of 6 existing SHP plants and pre-feasibility studies for their rehabilitation. Design of setting-up of a revolving investment fund to finance renewable energy projects in Armenia. Guidelines for implementation of support by private industry.

Services provided:
  • Countrywide identification of existing small hydropower plants
  • Selection of 6 projects for implementation
  • Conducting feasibility studies
  • Programming for implementation
  • Outline for the set-up of a revolving fund to finance small hydropower development with the private sector

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